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20130201
20130228
Search Results 0 to 8 of about 9 (some duplicates have been removed)
, that has pope john paul ii blesses want faithful from his window. for the first time since announcing his resignation. a crowd of 50,000 fill would st. peter's square 11 days before the pope is stepping down. meanwhile the cardinals are areiching in rome to lobby for the next pope of the church. pastor of our lady. monsingor always good to see you. >> good to be with you, too. >> what direction will the church go and who will the cardinals pick? >> i think we have a couplele of issuings facing us. the need for a strong organizational leadership in rome. between the aging of john paul ii and a pope in the late cents and 80s and admits he's slowing down, a lot has been let g. we need a strong letter in rome and be directive . someone with john paul roim two's charis mareach out to the third world and europe and america where we have lost many, many catholics. i hope we have someone with a new vibrant vision and someone from the third world who puts us in church with want major i wanty of catholics in central and south america. >> there is it a discussion that the new pontiff could be from a
, john paul ii, his predecessor was 85 and he could barely walk and speak. he was mumbling and he still didn't resign. and so, a pope has not resigned for 700 years, and so nobody expected really this to happen. and this to happen so soon. out of the blue, without any indications that he would make such a drastic announcement that, that came as a shock to pretty much everybody. he made the announcement in a small congregation of cardinals here in the vatican just behind me, and certainly didn't make a big speech or announcement about it meaning that even as you mentioned the spokesperson was not aware and the closest aides with were not aware so that means that the pope has made a long and thoughtful consideration of his strength and he just decided that he does not have it anymore and he wants somebody else to take his place as the leader of the world's catholics. >> all right. claudio lavanya and i know that you have a busy day and month ahead of you and even busier than you thought it would be. claudio, he of course, will be checking in a lot today and goingfogo going forth. and vati
john paul or this pope -- is there any sense of appetite given these issues that are, you no, tearing apart the church in many ways, that there's going to be change. there a mandate for the new pope to do something that will be meaningful and effective? >> well, michael, actually, to be honest, it's not just most it is all of the 115 cardinals who will vote in the conclave who are were appointed by john paul ii or pope benedict xvi. the things like ordination of women in the priesthood, i do not believe it's realistic to think that whoever emerges from the sistine chapel is the next pope of the catholic church is going to overturn church teachings on those points. i do think what is perhaps not only realistic, but quite probable, is that one thing that is very much going to be on the minds of the cardinals who are electing the next pope, whatever else they do, it is critical to make sure whoever they pick has a profile of having clean hands on the crisis, that is, he has to come across as part of the solution to this crisis rather than part of the problem. >> john, thanks so much for
he addressed you first but he and benedict would chat when benedict was waiting to see pope john paul. >> completely open. >> reporter: what was he like to talk to? >> very -- he would ask me what my interests were and how i felt and how i saw things. >> reporter: and with a sense of humor, like when benedict offered to sign widmer's copy of a book that he written which was pretty thick. >> when i gave it to him he said, you're really reading this? and i said, i'm trying. he said, it helps to do it in small steps. >> reporter: but he also had a personal crisis as a guard, spending his first christmas away from home. john paul helped him through that. >> i sort of had a meltdown and right at that moment he comes out of his apartment and he noticed and he reached out to me and he thanked me for being there and he gave me courage. >> reporter: what were you doing? were you crying? >> yeah. >> reporter: you were? >> i stopped crying but he in theed my red eyes. >> reporter: as for what's to come, the top job isn't what we think. >> the pope is the end of your life. you have to give up all
? >> absolutely i do. liz: china, every treasury secretary going back to robert rubin, larry summers john snow, paul o'neill, geithner, paulson, they edged toward the chinese let your yuan, let your currency float freely in a fair and open market. minor, minor incremental improvements there but barely. at some point do you feel that the treasury department under this administration has to get a little bit stronger and push the chinese so it is a fairer situation where their currency floats freely like the rest of our currencies do in the open market? >> we have been very much engaged with the chinese over numbers of years. we continue to push them. not only our interest that they allow the ren minute by to fluctuate with market conditions. it is in their interest as we and they try to create conditions for balanced growth on a global basis. they need too do more. their currency is still undervalued but it has appreciated by 14% or so in real terms over the last few years. so that is progress. we will continue to stay at it as we engage the chinese on this he have important issue. liz: speaking
and the relationship between jobless claims and the s&p 500. one reason, paul will tell you, he's still bullish because jobless claims, the four-week average, at a post-recession low. >> all right, john, you're sitting there on the trading desk all day long, see the flow. what kind of a commitment are you seeing in terms of equities? is it still as strong as it was earlier in the year in january. what can you tell us in terms of the sentiments on the part of big institutional investors? >> what we're seeing now is the dips are getting smaller and smaller so guys are not waiting for that bigger dip. they are buying smaller and smaller dips. that's why today we saw the walmart news coming out, but that dip was fairly bought pretty quickly so walmart was able to hold above its weekly moving average which was a positive sign. i think you actually broke the newsnews that that was an e-mail and voicing the opinions of one person at walmart so i think that was much ado about nothing. if we look at the empire p.m. this morning, very good. consumer confidence was good. things are getting better. washington is g
Search Results 0 to 8 of about 9 (some duplicates have been removed)